$240,000
PENDING

103-105 Penn St Penns Grove, NJ 08069

Estimated payment $1,740/month

Total Views 4,887
6 Beds
2 Baths
2,760 Sq Ft
$87 Price per Sq Ft

About This Home

Calling all house hackers! Live in one, collect rent on day 1 from the other unit, and build your wealth through real estate! Welcome to 103-105 Penn St. This home is just minutes from the Delaware Memorial Bridge ( the bridge to Tax-Free Shopping!). The property has recently been renovated and is ready for you to make it your own. This home is in a USDA mortgage-eligible area, so be sure to ask your lender if that 0% down product is available for you! A tenant occupies 103, and 105 is vacant. This will be a question that may come up if 105 is larger than 103, and the answer is YES! 105 is slightly larger than the tenant-occupied home with its full attic so that opens up your financing options as well. This is a no-brainer, two houses for the price of 1, each has three beds and one bath!

Listing Agent

David Ralic

Society License #340342 Listed on: 05/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 1900 | Remodeled in 2024

Lot Details

  • 6,264 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.30

Parking

  • On-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,760 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 08-00007-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,930

Year Built

Built in 1900 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal property of the tenant and landlord.
  • Inclusions: appliances in as-is condition
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/13/2025 12:00:00 AM
  • Year Built: 1900
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all house hackers! Live in one, collect rent on day 1 from the other unit, and build your wealth through real estate! Welcome to 103-105 Penn St. This home is just minutes from the Delaware Memorial Bridge ( the bridge to Tax-Free Shopping!). The property has recently been renovated and is ready for you to make it your own. This home is in a USDA mortgage-eligible area, so be sure to ask your lender if that 0% down product is available for you! A tenant occupies 103, and 105 is vacant. This will be a question that may come up if 105 is larger than 103, and the answer is YES! 105 is slightly larger than the tenant-occupied home with its full attic so that opens up your financing options as well. This is a no-brainer, two houses for the price of 1, each has three beds and one bath!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2760
  • Living Area Sq Ft: 2760
  • Price Per Sq Ft: 86.96
  • Above Grade Finished Sq Ft: 2760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103-105

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6264.00
  • Year Assessed: 2024
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4930.00
  • Assessor Parcel Number: 08-00007-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,765 $88,900 $12,500 $76,400
2023 $4,765 $88,900 $12,500 $76,400
2022 $4,593 $88,900 $12,500 $76,400
2021 $4,395 $88,900 $12,500 $76,400
2020 $4,453 $88,900 $12,500 $76,400
2019 $4,472 $88,900 $12,500 $76,400
2018 $4,688 $116,200 $20,500 $95,700
2017 $4,704 $116,200 $20,500 $95,700
2016 $4,526 $116,200 $20,500 $95,700
2015 $4,335 $116,200 $20,500 $95,700
2014 $4,288 $116,200 $20,500 $95,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $240,000 0.0% $87 / Sq Ft
06/16/2025 06/16/25 For Sale $240,000 +6.7% $87 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
05/21/2025 05/21/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $225,000 +463.9% $82 / Sq Ft
06/18/2019 06/18/19 Sold $39,900 0.0% $17 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $39,900 -7.0% $17 / Sq Ft
04/03/2019 04/03/19 Price Changed $42,900 -3.6% $18 / Sq Ft
03/04/2019 03/04/19 Price Changed $44,500 -10.8% $19 / Sq Ft
03/04/2019 03/04/19 For Sale $49,900 0.0% $21 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $49,900 -- $21 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Pittman Title
Quit Claim Deed -- Pittman Title
Bargain Sale Deed $125,000 None Listed On Document
Deed $39,900 Fortune Title
Bargain Sale Deed $158,000 West Jersey Title Agency
Bargain Sale Deed $126,500 West Jersey Title Agency
Bargain Sale Deed $77,000 --
Bargain Sale Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,000 New Conventional
Closed $393,000 New Conventional
Previous Owner $115,000 New Conventional
Previous Owner $28,646 New Conventional
Previous Owner $126,400 Purchase Money Mortgage
Previous Owner $15,800 Stand Alone Second
Previous Owner $120,175 Fannie Mae Freddie Mac
Previous Owner $77,000 Credit Line Revolving
Previous Owner $73,150 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: NJSA2014758

Bright MLS

APN: 08-00007-0000-00009